Since 2013 the Global Cannabis Stock Index has represented the overall publicly-traded market for the medical and legal marijuana sector.
The Global Cannabis Stock Index, which is dollar-denominated and based upon the prices of the U.S. listing for each member, is rebalanced quarterly, with each member weighted equally at that time.
For the 09/30/21 rebalancing, each stock was required to have an average daily trading value in excess of $1 million and a minimum price of at least $1.00 (10-day average) as of 09/23/21. Non-U.S. companies must have a U.S. listing in order to be included. The dollar-volume threshold for non-U.S. companies includes both U.S. and non-U.S. volume, but there is an additional requirement that the daily average U.S. dollar-volume be in excess of $500K. Harvest Health and Recreation was removed in early October when its acquisition by Trulieve closed.
Inclusion in any index is not an endorsement or recommendation of any company. This Site is not an intermediary, broker/dealer, investment advisor, or exchange and does not provide investment advice or investment advisory services. QuoteMedia Data delayed 15 minutes unless otherwise indicated.